Standard reply to someone who asks you to look at the big picture: imply he is an insane survivalist. It is interesting that loon interpretted this article as being right-biased, and David interpretted it as left-biased.

Chinese Solar Companies Have Taken An Unwarranted Beating [View article]

GTAT is my current largest holding, because I keep buying as the price moves in an irrational direction. I have offset my longs with puts, so I hope to profit from the puts and when the stock comes back to a rational P/E. GTAT is a "magic formula" top stock.

GME is (and has been for a long time, since it is such a non-mover) a magic formula stock. I was long but I am convinced that there are some real concerns with the long term outlook, mostly the digital download arena. I once had an xbox 360, and have steam for PC, both of which download games quickly, easily, and cheaper than gamestop. I understand that GME is now making the first moves to get into download market, but they are very late to the party. It may be fundamentally undervalued, but there is nothing that will make the street realize it. My 2 cents.

Well writtten article, as always, but why stray from magic formula stocks? Once you eliminate the undervalued due to poorly run businesses, they are so reliable. I have tried other methods, but I keep coming back to it; I get the best results from magic formula stocks that have good technical indicators. e.g. TER, NOC, MSFT, GILD, MRVL, SOLR, etc.

Goldman, JPMorgan and other securities firms are snapping up warehouse operators to take advantage of the big profit opportunities in holding metals. Warehousers collect a holding fee and can charge a premium on large corporate orders, but critics worry firms will exploit their trading knowledge. [View news story]

I'd say the main point of this move is to have more knowledge to exploit, not charging a holding fee. It has already been shown on BBC that the large banks instigated the recent rally in copper by creating artificial supply constraints while warehouses were full of copper.

I always become cautious when a large bank's analysts raise a price target on a stock that I am long. It shows the beginning of the largest pump and dump scheme around. I ride the mo' up but with stops at about 1.5 x a days average trading range.